At a Glance
- Tasks: Lead risk insights and transform reporting into actionable insights for decision making.
- Company: Join NatWest Markets, a leader in banking with a focus on risk management.
- Benefits: Competitive salary, career advancement opportunities, and a collaborative work environment.
- Other info: Dynamic role with opportunities to engage with senior stakeholders and drive continuous improvement.
- Why this job: Make a real impact by enhancing risk management and supporting a safer banking environment.
- Qualifications: Experience in risk management, strong communication skills, and knowledge of data-driven insights.
The predicted salary is between 60000 - 80000 £ per year.
Join us as a NatWest Markets Business Risk Insights Lead. If you have a background in risk reporting, data or insights, then join our team in helping to anticipate and assess the potential impacts of risk across NatWest Markets. You’ll play a key role in transforming risk reporting and management information into meaningful insights that support effective decision making. In this highly collaborative role, you’ll have an ideal platform for building your network and advancing your career, while helping to create a safer environment for the bank.
What you’ll do:
- You’ll be responsible for supporting management in their identification and assessment of material risks, and in determining their position relative to agreed appetites.
- Working with senior stakeholders across the organisation, you’ll look to drive forward the development and delivery of remedial action plans where identified risks are considered out of appetite.
- You’ll be supporting a culture of proactive and pre-emptive risk management and continuous improvement, and the attainment of operational risk objectives.
- You’ll also be transforming risk reporting, management information and key metrics to identify trends, emerging risks and opportunities to inform decision making.
- Translating complex risk and control information into clear, actionable insights for senior stakeholders.
- Educating teams on the operational risk framework and our conduct risk obligations, supporting the business in operating and embedding them.
- Supporting and regularly engaging with relevant stakeholders including second and third line of defence, and risk teams.
- Ensuring internal and external stakeholder satisfaction by delivering risk and control actions in a timely manner and in line with service management requirements.
The skills you’ll need:
- To be successful in this role, you’ll need to be a highly skilled leader with experience of applying risk and control management in an operational and strategic context.
- You’ll also need excellent communication skills in order to lead the team, as well as being able to negotiate with, and influence, stakeholders across an organisation.
- You’ll also bring knowledge of automation, AI and data-driven insight approaches to improve reporting, analysis and risk management.
- Strong knowledge of risk assessment and scenario analysis methodologies.
- Significant business and operational experience.
- Strong stakeholder management and influencing skills as well as exceptional written communication skills, with the ability to operate at both strategic and operational levels.
- Experience of using reporting, analytics and visualisation tools such as AWS and Power BI to support decision making and performance management.
NatWest Markets Business Risk Insights Lead in Edinburgh employer: NatWest Group
At NatWest, we pride ourselves on fostering a dynamic and inclusive work environment where innovation thrives. As a Business Risk Insights Lead, you'll not only contribute to enhancing our risk management practices but also benefit from extensive professional development opportunities and a collaborative culture that encourages networking and career advancement. Located in a vibrant city, our team is dedicated to creating a safer banking experience while supporting your growth in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land NatWest Markets Business Risk Insights Lead in Edinburgh
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like NatWest Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace NatWest Markets Business Risk Insights Lead in Edinburgh
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to NatWest Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on NatWest Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at NatWest Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with NatWest Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at NatWest Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former NatWest Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
